Future Labs Capital, a private equity venture capital firm that invests in best-in-class quantum computing and artificial intelligence (AI) technologies, has invested an undisclosed amount into qBraid, an industry leader and rapidly growing one-stop quantum computing software platform based in Chicago, IL.

As we enter 2024, the field of quantum computing continues to develop rapidly. Accessibility to quantum processing and the scaling of systems are key factors in the growing industry. Cloud-based services offer one potential access route to quantum processing, but systems are also being deployed for customers to host on-premises. Besides increases in accessibility, improvements are also needed in the quality of quantum bits, or qubits, themselves and the infrastructure that surrounds them. This includes scaling up the cryogenic infrastructure.